Nigeria’s eleven electricity distribution companies (DisCos) generated N220.93 billion in combined revenue in August 2026, the latest factsheet by the Nigerian Electricity Regulatory Commission (NERC) has shown.
The August 2026 factsheet released by the regulator on Thursday breaks down the financial health and efficiency of the DisCos across the country.
NERC said a total of N220.93 billion was collected by all DisCos in August 2026, out of the N261.10 billion billed to customers, representing an 84.62 per cent collection efficiency, 2.66 percentage points higher than July.
The factsheet shows that the DisCos recorded a billing efficiency of 75.36 per cent in August, an improvement of 0.26 percentage points.
Out of N346.49 billion worth of energy received by the DisCos, only N261.10 billion was billed to customers.
The industry reached an overall recovery efficiency of 77.63 per cent in the period.
The allowed average tariff was N130.15 per kilowatt hour (kWh), while the actual average collection was N101.03 per kWh, an increase of 3.62 per cent.
Performance
Performance moved in different directions across the companies.
Eko DisCo led all eleven DisCos with a recovery efficiency of 96.29 per cent. Ikeja DisCo followed with 84.22 per cent, while Abuja DisCo recorded 83.63 per cent.
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Kaduna DisCo had the weakest recovery efficiency at 41.90 per cent, although this was 2.19 percentage points better than in July. Jos followed at 52.80 per cent, and Kano at 60.98 per cent.
The remaining DisCos posted the following recovery efficiency levels: Benin (77.36 per cent), Enugu (71.49 per cent), Ibadan (71.22 per cent) and Yola (70.61 per cent).
